Company News

In this section you can find updates from suppliers, manufacturers, fabricators and stockists of stainless steel material. This company news section is updated regularly with the latest company news from within the global stainless steel world community. If you wish to include your news release on our website and email newsletter, please feel free to contact the editor.

Shell-Total consortium gas deal approved

Saudi Arabia's Supreme Petroleum Council has given its backing to a USD 2 billion gas project with a consortium led by Royal Dutch/Shell, the official Saudi Press Agency (SPA) has reported.

BP in gas joint venture with Algeria

BP has formed a joint venture with Algeria's Sonatrach to import 500 million cubic feet of liquefied natural gas a day into the UK.

Italian hydro job

Alstom has recently been awarded three orders by ENEL for the supply of six generators for hydro power plants at Bussolengo, Gallicano and Rovesca in Italy.

Jacobs wins Glaxo contract in Singapore

Jacobs Engineering Group Inc. has announced that a subsidiary company has been appointed by GlaxoWellcome Manufacturing Pte Ltd to redevelop the facilities that house technical development and quality assurance/quality control analytical testing support to manufacturing at Jurong, Singapore.

Foster Wheeler wins NZ contract

Foster Wheeler has announced it has been awarded a USD 90 million contract by the New Zealand Refining Company Ltd. (NZRC) for the Future Fuels clean fuels project.

Oil firms plan large African investments

The world's "big five" energy companies – Total, Chevron Texaco, Exxon Mobil, Shell and BP – are all set to continue to play a major role on the African continent.

Qatar Petroleum signs gas deal with Exxon

Qatar Petroleum and ExxonMobil Corporation have signed a Heads of Agreement (HOA) to supply liquefied natural gas (LNG) from Qatar to the USA for a term of 25 years.

Shell poised to sign Qatar GTL deal

Royal Dutch/Shell is poised to stage a major comeback in Qatar by sealing a USD 4 billion gas-to-liquids (GTL) project with the Gulf state.

Thermal power plant in Zhengzhou

China Resources Power (CRP), a unit of China Resources Group, has confirmed it is to invest 1.8 billion yuan to set up a joint venture thermal power plant in Zhengzhou, Henan province.

Sabic to build second EG plant

Saudi Basic Industries Corporation will construct a new Ethylene Glycol (EG) plant at Jubail United Petrochemical Company.